Property summary
This exceptional 26,249 square foot retail property, situated on a 1.15-acre lot at 2333 Lake Avenue in Altadena, California, presents a compelling investment opportunity. The building, renovated and structurally retrofitted in 1991, boasts excellent visibility from Lake Avenue and benefits from high daily traffic counts of 13,793 vehicles. Its strategic location provides easy access to the 210, 134, and Glendale freeways, ensuring convenient access for customers and employees. The property is currently fully leased, generating substantial income. The diverse range of suites caters to a variety of tenants, and ample surface parking is available for customer convenience. This prime Altadena location is surrounded by numerous national retailers, including major anchors such as Chase Bank, 10th Planet Fitness, and Planned Parenthood, further enhancing its desirability and attracting a significant customer base. Strong area household and population demographics contribute to the property's consistent performance and long-term potential. This is a rare opportunity to acquire a fully leased, high-performing retail center in a thriving Altadena location.
Property profile
VerifiedCap rate & NOI
Current use
-
Pharmacy
-
Loan Service Bank
-
Training Center
-
Bank Loan Service
-
Tutoring Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LCC3VV · Altadena, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight